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#1
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![]() "Boater" wrote in message ... Chrysler says to shut down all production for month Wed Dec 17, 2008 6:27pm EST DETROIT (Reuters) - Citing a credit crisis and dwindling sales, Chrysler LLC on Wednesday said it would shut down all of its manufacturing operations from the end of this week for at least a month. The blanket shutdown marked a deepening of the financial crisis for the embattled U.S. auto industry and came as Chrysler and its larger rival General Motors Corp both seek to shore up cash as they seek a federal bailout they say they need to survive. Chrysler, considered the weakest of the Detroit automakers, made the announcement on its plant shutdown in a letter sent on Wednesday to its employees, suppliers and the United Auto Workers union that was also posted on its website. Chrysler said its dealers were getting car shoppers into showrooms but losing between 20 percent and 25 percent of those potential sales because of the lack of consumer financing for new car purchases. They are only weak because Cerberus took the cash out now wants to pawn the dog on the US tax payers. http://www.businessweek.com/bwdaily/...n_id=rss_daily Now I wonder what happened to that $11 billion on Chrylsers books in October? After all that is why GM wanted to merge. Hint, this is a FRAUD scam on US citizens!!! The idea all along for Cerberus was to buy Chrysler, strip it's valuable assets for billions of profits up until earlier this year, then repackage the dog parts and dump it on main street. Now if we are serious about jobs, but don't want to be tax screwed by the crooked you force GM into bankruptcy, right to chapter 7. Buy it's assets cheap, dumping all the baggage. Then refire up GM. Save billions and tax payer abuse and the corruption going on in DC and Ottawa. |
#2
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Canuck57 wrote:
"Boater" wrote in message ... Chrysler says to shut down all production for month Wed Dec 17, 2008 6:27pm EST DETROIT (Reuters) - Citing a credit crisis and dwindling sales, Chrysler LLC on Wednesday said it would shut down all of its manufacturing operations from the end of this week for at least a month. The blanket shutdown marked a deepening of the financial crisis for the embattled U.S. auto industry and came as Chrysler and its larger rival General Motors Corp both seek to shore up cash as they seek a federal bailout they say they need to survive. Chrysler, considered the weakest of the Detroit automakers, made the announcement on its plant shutdown in a letter sent on Wednesday to its employees, suppliers and the United Auto Workers union that was also posted on its website. Chrysler said its dealers were getting car shoppers into showrooms but losing between 20 percent and 25 percent of those potential sales because of the lack of consumer financing for new car purchases. They are only weak because Cerberus took the cash out now wants to pawn the dog on the US tax payers. http://www.businessweek.com/bwdaily/...n_id=rss_daily Now I wonder what happened to that $11 billion on Chrylsers books in October? After all that is why GM wanted to merge. Hint, this is a FRAUD scam on US citizens!!! The idea all along for Cerberus was to buy Chrysler, strip it's valuable assets for billions of profits up until earlier this year, then repackage the dog parts and dump it on main street. Isn't that the modern MBA Way? |
#3
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posted to rec.boats
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![]() "Boater" wrote in message ... Canuck57 wrote: "Boater" wrote in message ... Chrysler says to shut down all production for month Wed Dec 17, 2008 6:27pm EST DETROIT (Reuters) - Citing a credit crisis and dwindling sales, Chrysler LLC on Wednesday said it would shut down all of its manufacturing operations from the end of this week for at least a month. The blanket shutdown marked a deepening of the financial crisis for the embattled U.S. auto industry and came as Chrysler and its larger rival General Motors Corp both seek to shore up cash as they seek a federal bailout they say they need to survive. Chrysler, considered the weakest of the Detroit automakers, made the announcement on its plant shutdown in a letter sent on Wednesday to its employees, suppliers and the United Auto Workers union that was also posted on its website. Chrysler said its dealers were getting car shoppers into showrooms but losing between 20 percent and 25 percent of those potential sales because of the lack of consumer financing for new car purchases. They are only weak because Cerberus took the cash out now wants to pawn the dog on the US tax payers. http://www.businessweek.com/bwdaily/...n_id=rss_daily Now I wonder what happened to that $11 billion on Chrylsers books in October? After all that is why GM wanted to merge. Hint, this is a FRAUD scam on US citizens!!! The idea all along for Cerberus was to buy Chrysler, strip it's valuable assets for billions of profits up until earlier this year, then repackage the dog parts and dump it on main street. Isn't that the modern MBA Way? Yes, I can say I never met an MBA that had any morals nor ethics. I certainly don't trust them but to line their own lairs. But this is fraud of a billion dollar scale just as bad if not worse than Enron and others. These idiots should be told by Congress just to go away and fix your problems without our help. But I suspect they are quietly negotiating away the US main street tax dollars for a fraud situation. I think we need to start jailing these idiots and posting multi-million dollar finds on them for racketering and extortion. |
#4
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Boater wrote:
Canuck57 wrote: "Boater" wrote in message ... Chrysler says to shut down all production for month Wed Dec 17, 2008 6:27pm EST DETROIT (Reuters) - Citing a credit crisis and dwindling sales, Chrysler LLC on Wednesday said it would shut down all of its manufacturing operations from the end of this week for at least a month. The blanket shutdown marked a deepening of the financial crisis for the embattled U.S. auto industry and came as Chrysler and its larger rival General Motors Corp both seek to shore up cash as they seek a federal bailout they say they need to survive. Chrysler, considered the weakest of the Detroit automakers, made the announcement on its plant shutdown in a letter sent on Wednesday to its employees, suppliers and the United Auto Workers union that was also posted on its website. Chrysler said its dealers were getting car shoppers into showrooms but losing between 20 percent and 25 percent of those potential sales because of the lack of consumer financing for new car purchases. They are only weak because Cerberus took the cash out now wants to pawn the dog on the US tax payers. http://www.businessweek.com/bwdaily/...n_id=rss_daily Now I wonder what happened to that $11 billion on Chrylsers books in October? After all that is why GM wanted to merge. Hint, this is a FRAUD scam on US citizens!!! The idea all along for Cerberus was to buy Chrysler, strip it's valuable assets for billions of profits up until earlier this year, then repackage the dog parts and dump it on main street. Isn't that the modern MBA Way? That has been a problem for about 25 years. Company shouldn't have war chests that big. Too ripe for a take-over. Use the cash to pay off the acquisition and sell the high value parts for the most you can get and sell whats left for whatever anyone will offer. You will usually walk away putting money into your friends hands and putting a pretty penny in your pocket too. |
#5
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BAR wrote:
Boater wrote: Canuck57 wrote: "Boater" wrote in message ... Chrysler says to shut down all production for month Wed Dec 17, 2008 6:27pm EST DETROIT (Reuters) - Citing a credit crisis and dwindling sales, Chrysler LLC on Wednesday said it would shut down all of its manufacturing operations from the end of this week for at least a month. The blanket shutdown marked a deepening of the financial crisis for the embattled U.S. auto industry and came as Chrysler and its larger rival General Motors Corp both seek to shore up cash as they seek a federal bailout they say they need to survive. Chrysler, considered the weakest of the Detroit automakers, made the announcement on its plant shutdown in a letter sent on Wednesday to its employees, suppliers and the United Auto Workers union that was also posted on its website. Chrysler said its dealers were getting car shoppers into showrooms but losing between 20 percent and 25 percent of those potential sales because of the lack of consumer financing for new car purchases. They are only weak because Cerberus took the cash out now wants to pawn the dog on the US tax payers. http://www.businessweek.com/bwdaily/...n_id=rss_daily Now I wonder what happened to that $11 billion on Chrylsers books in October? After all that is why GM wanted to merge. Hint, this is a FRAUD scam on US citizens!!! The idea all along for Cerberus was to buy Chrysler, strip it's valuable assets for billions of profits up until earlier this year, then repackage the dog parts and dump it on main street. Isn't that the modern MBA Way? That has been a problem for about 25 years. Company shouldn't have war chests that big. Too ripe for a take-over. Use the cash to pay off the acquisition and sell the high value parts for the most you can get and sell whats left for whatever anyone will offer. You will usually walk away putting money into your friends hands and putting a pretty penny in your pocket too. Idiot. |
#6
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posted to rec.boats
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Boater wrote:
BAR wrote: Boater wrote: Canuck57 wrote: "Boater" wrote in message ... Chrysler says to shut down all production for month Wed Dec 17, 2008 6:27pm EST DETROIT (Reuters) - Citing a credit crisis and dwindling sales, Chrysler LLC on Wednesday said it would shut down all of its manufacturing operations from the end of this week for at least a month. The blanket shutdown marked a deepening of the financial crisis for the embattled U.S. auto industry and came as Chrysler and its larger rival General Motors Corp both seek to shore up cash as they seek a federal bailout they say they need to survive. Chrysler, considered the weakest of the Detroit automakers, made the announcement on its plant shutdown in a letter sent on Wednesday to its employees, suppliers and the United Auto Workers union that was also posted on its website. Chrysler said its dealers were getting car shoppers into showrooms but losing between 20 percent and 25 percent of those potential sales because of the lack of consumer financing for new car purchases. They are only weak because Cerberus took the cash out now wants to pawn the dog on the US tax payers. http://www.businessweek.com/bwdaily/...n_id=rss_daily Now I wonder what happened to that $11 billion on Chrylsers books in October? After all that is why GM wanted to merge. Hint, this is a FRAUD scam on US citizens!!! The idea all along for Cerberus was to buy Chrysler, strip it's valuable assets for billions of profits up until earlier this year, then repackage the dog parts and dump it on main street. Isn't that the modern MBA Way? That has been a problem for about 25 years. Company shouldn't have war chests that big. Too ripe for a take-over. Use the cash to pay off the acquisition and sell the high value parts for the most you can get and sell whats left for whatever anyone will offer. You will usually walk away putting money into your friends hands and putting a pretty penny in your pocket too. Idiot. If a company has $5 billion in revenue and has $3 billion cash in the bank and has a market cap of $10 billion it is ripe for a takeover. |
#7
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On Dec 17, 8:12*pm, "Canuck57" wrote:
"Boater" wrote in message Isn't that the modern MBA Way? Yes, I can say I never met an MBA that had any morals nor ethics. *I certainly don't trust them but to line their own lairs. You guys don't seem to know what an MBA is. It's simply a degree, a Masters in Business Administration. You're confusing an MBA with what a few corrupt CEOs have done, some of who may not even have an MBA. I have a friend who has a MBA, and he has far higher morals and ethics than the two of you have displayed in this NG. |
#8
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#9
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On Dec 18, 9:50*am, HK wrote:
wrote: On Dec 17, 8:12 pm, "Canuck57" wrote: "Boater" wrote in message Isn't that the modern MBA Way? Yes, I can say I never met an MBA that had any morals nor ethics. *I certainly don't trust them but to line their own lairs. You guys don't seem to know what an MBA is. *It's simply a degree, a Masters in Business Administration. *You're confusing an MBA with what a few corrupt CEOs have done, some of who may not even have an MBA. I have a friend who has a MBA, and he has far higher morals and ethics than the two of you have displayed in this NG. Speak for yourself, dirtbag. Got that Confederate flag up on the pole? Thanks for proving me correct yet again. |
#10
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